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Cable Update (GBPUSD)

  • #378,181
  • May 18, 2014 6:16am May 18, 2014 6:16am
Quoting Ill-b-back
{quote} Nice one Chris I'm not really following you on the Nov 2008-Aug 2009 TL though. {image}
Thanks brother

WHOOPS! I have the early date on that chart wrong Should be Nov. 1998 high

Not too surprising anyway on that yearly TL. This should help explain it....lol

http://www.forexfactory.com/showthre...77#post7465777
Ghost Rider - WWTBMD?
  • #378,182
  • May 18, 2014 6:40am May 18, 2014 6:40am
Quoting albchr
{quote} Thanks brother WHOOPS! I have the early date on that chart wrong Should be Nov. 1998 high Not too surprising anyway on that yearly TL. This should help explain it....lol http://www.forexfactory.com/showthre...77#post7465777
Yep right got it, thanks

off to bed, have a great day mate
Come with me if you want to live....
  • #378,183
  • May 18, 2014 6:42am May 18, 2014 6:42am
Quoting Ill-b-back
{quote} Yep right got it, thanks off to bed, have a great day mate
Rest well my friend. I expect this week should be fun.

All my best to you and the family bro.
Ghost Rider - WWTBMD?
  • #378,184
  • May 18, 2014 10:42am May 18, 2014 10:42am
based on my latest review of COT data on GU and the technical outlook on D1/W1 highly likely that we will see 6300-6400 printed within next few weeks.
also 75% probability that 6540 will be reached in May 2014.
  • #378,185
  • May 18, 2014 10:45am May 18, 2014 10:45am
parabolic GCAD rally is finally getting capped guys.
Attached Image (click to enlarge)
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  • #378,186
  • May 18, 2014 10:48am May 18, 2014 10:48am
This is the other GU Daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily.png Size: 35 KB
  • #378,187
  • May 18, 2014 11:01am May 18, 2014 11:01am
I agree R ,
not looking like it wants to break long term range top yet,


Quoting ruffryders
based on my latest review of COT data on GU and the technical outlook on D1/W1 highly likely that we will see 6300-6400 printed within next few weeks. also 75% probability that 6540 will be reached in May 2014.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USDw1 (DFB).png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,188
  • May 18, 2014 11:03am May 18, 2014 11:03am
just gotta take that support

Quoting ruffryders
parabolic GCAD rally is finally getting capped guys. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,189
  • Edited 11:40am May 18, 2014 11:04am | Edited 11:40am
have a look how many markets are trending right now ,we are up but this is snail pace


Quoting Bones
I agree R , not looking like it wants to break long term range top yet, {quote} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,190
  • May 18, 2014 11:08am May 18, 2014 11:08am
example usd chf
down move has no vigour ,
Attached Image (click to enlarge)
Click to Enlarge Name: usd CHF monthly (DFB).png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,191
  • May 18, 2014 11:27am May 18, 2014 11:27am
Quoting Bones
just gotta take that support {quote}
Me wonders if HDA is still LONG GCAD.
  • #378,192
  • May 18, 2014 11:29am May 18, 2014 11:29am
Quoting Bones
example usd chf down move has no vigour , {image}
true that Bones, UCHF don't have much room further down, since ECHF was pegged @ 1.20, so downside is just not sustaineable.
  • #378,193
  • May 18, 2014 11:31am May 18, 2014 11:31am
I hope so


Quoting ruffryders
{quote} Me wonders if HDA is still LONG GCAD.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,194
  • May 18, 2014 11:32am May 18, 2014 11:32am
one of your best posts chris

Quoting albchr
GU - Monthly / Weekly / Daily / 4H I always hesitate to do weekend analysis because Friday Daily and Weekly aren't closed yet. Monthly goes without saying but.... my view as of now. Overall bull trend remains firmly intact. First Bull target remains 1.7040+ for next leg up. 6730/6700 remains the level needed to break for signs of Bear control. As always I will intraday trade both ways on 4H and below as PA suggests but Longs remain the "safer" trade for me to risk more on as of now. {image} {image} {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,195
  • May 18, 2014 11:33am May 18, 2014 11:33am
guys I won't be surprised if GU get pumped and dumped based on this http://finance.yahoo.com/news/pfizer...182733530.html

It seems we are lining up for some nice followthrough on GU post the 25-26th May deadline, that's either make or break deadline for the deal.
  • #378,196
  • May 18, 2014 11:35am May 18, 2014 11:35am
...sorry gentlemen, but I 'gotta' put this up to bring a close to the weekend's exchanges.

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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #378,197
  • May 18, 2014 11:37am May 18, 2014 11:37am
...and because I live in France, the best scene from the film.

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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #378,198
  • May 18, 2014 11:51am May 18, 2014 11:51am
all id say is careful selling cad ,its on strong support cad lfx chart ,and looking like it wants retrace
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #378,199
  • May 18, 2014 12:20pm May 18, 2014 12:20pm
Quoting ruffryders
based on my latest review of COT data on GU and the technical outlook on D1/W1 highly likely that we will see 6300-6400 printed within next few weeks. also 75% probability that 6540 will be reached in May 2014.
i ruff i am with you on that, my charts are short based as i am short and i have to believe
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price was squeeeeezed ot on my chart it broke 730 so it tells us it can,, on the 2 feb 2014 that was the last time price hit the 20 ema,, price likes to get back there so overdue?
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on the day it seems where at crossed roads, will the 20 ema hold it, ,just said in the week price has gone through 730,
Attached Image (click to enlarge)
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now the tend is still short for now, will the 50 ema hold and become resistance? look at the bottom line to the left, 2nd feb that where to price hit the 20 on the week chart,so if,if it keeps to its habit it will want to see the blue 100???? this would take us out of the trend line to 6640, area ,, thats me not targeting long,if i do i might as well close my trade
  • #378,200
  • May 18, 2014 12:31pm May 18, 2014 12:31pm
Quoting 45Condor
...sorry gentlemen, but I 'gotta' put this up to bring a close to the weekend's exchanges. http://www.youtube.com/watch?v=KuStsFW4EmQ
Absolutely one of my all time favorites! ...

Made me think of.....

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Ghost Rider - WWTBMD?
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